MultiversX Tracker is Live!

US charges prisoner over alleged laundering of seized Kraken crypto

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 15 Views

US charges prisoner over alleged laundering of seized Kraken crypto

US prosecutors charged Rossen Iossifov over the alleged laundering of $290,000 in forfeited crypto from a Kraken account.

United States prosecutors have charged a man serving a federal prison sentence over the alleged removal and laundering of about $290,000 in crypto assets held in a Kraken account subject to a forfeiture order.&

The Department of Justice said on Thursday that Rossen Iossifov, a Bulgarian national, conspired in January 2024 to withdraw and transfer crypto that a federal court had ordered forfeited following his 2021 conviction. Prosecutors allege that the assets were moved through illicit mixing services and crypto exchanges before the US could take possession.&

The case shows how attempts to move crypto after a forfeiture order can trigger fresh criminal charges, even after the underlying conviction.

Read more


Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments